A massive fire caught on video inside a Shanghai parking garage earlier this spring was caused by a faulty battery module, Tesla’s internal investigation has concluded. In a statement on the Chinese social-media site Weibo, the company said it “found no sy…
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US stocks surge to a record as investors breathe a sigh of relief at Trump and Xi’s trade-war truce
REUTERS/Kevin Lamarque On Monday, Wall Street cheered a favorable outcome in President Donald Trump and Chinese President Xi Jinping’s Saturday meeting on the sidelines of the G20 summit in Osaka, Japan. The S&P 500 sailed to an intraday all-time high, …
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The bigger they are, the harder they fall — WeWork and Uber’s fight against reality
We now know that Uber is worth one of two amounts: precisely $68.95bn or absolutely anything. Never before has a company both been a worthless empty assetless cathedral to hope over unit economics and an invaluable first mover stake in the future of all human…
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A Tesla analyst says he thinks Model 3 US deliveries doubled in Q2 — and the stock is surging (TSLA)
Tesla was among the market’s biggest gainers in early Monday trading, surging by as much as 4%, as a Wall Street analyst came out with a bullish forecast for second-quarter delivery results expected in the coming days. The electric automaker likely deliver…
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Tesla Could Have Easily Sold A Record Number Of Vehicles But The Devil Will Be In The Details
Tesla Model Y (Photo by Hannes Breustedt/picture alliance via Getty Images) picture alliance via Getty Images Tesla should announce its preliminary results for the June quarter in the next few days. After a disappointing March quarter when deliveries fell f…
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